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Shell Centre, London - Photo: Shell Centre, London

Lambeth Council gives Shell Centre plans green light

The London Borough of Lambeth has approved the planning application by Braeburn Estates to redevelop the Shell Centre on London’s South Bank. more...
Wednesday, 22. May 2013

Corio closes contract for the first Primark in France

Corio has signed a contract with Primark to open a 7,500 m² flagship store in Grand Littoral in„Marseille. The Primark store will anchor the redeveloped “Zone Azur" part of the shopping center. more...
Wednesday, 22. May 2013

Terrace Hill acquires remaining residential assets of Terrace Hill Residential

Terrace Hill Group PLC has acquired all the remaining residential assets of Terrace Hill Residential PLC (THR), its residential investment joint venture in which it owns a 49% interest, for the sum of £5.3 million. The balance of the... more...
Wednesday, 22. May 2013

Returns from forestry investments outperform bonds, equities and real estate

Investments in the UK’s forestry assets have hit new highs, with three-year returns rising to 23.9% in 2012. This equates to a minimum outperformance of 14% against bonds (9.9%), equities (6.7%) and commercial property (8.7%). more...
Wednesday, 22. May 2013

Topland expansion drives move to Standard Life Building

Topland Group is to relocate next door from its current London head office to 105 Wigmore Street, W1 as part of its expansion. The investment and real estate group headed by Sol Zakay signed for the entire 7,085 sq ft second floor at... more...
Wednesday, 22. May 2013

IM Properties to spec build more than 300,000 sq ft of industrial sheds

IM Properties is constructing two logistics units totalling 334,500 sq ft at its award winning Birch Coppice Business Park off the M42 in North Warwickshire. more...
Wednesday, 22. May 2013

Amlin signs on the Leadenhall Building

British Land and Oxford Properties are pleased to announce that their 50:50 joint venture has exchanged a binding Agreement for Lease with Amlin plc for a pre-letting of 111,000 sq ft at The Leadenhall Building in London, EC3. The... more...
Wednesday, 22. May 2013

Overseas buyer to give Grade II Listed Paragon Hotel a facelift

Birmingham’s Grade II Listed Paragon Hotel looks set for a transformation, following its acquisition by an overseas investor. The 250-room hotel in the city’s Alcester Street has been acquired off a £6 million guide price by Namir... more...
Wednesday, 22. May 2013

GPE secures major pre-let at New Fetter Lane

Great Portland Estates plc (GPE), in conjunction with the City of London Corporation, announces that it has pre-let 142,500 sq. ft. in its development at 12/14 New Fetter Lane, EC4 to top 20 international law firm Bird & Bird. more...
Wednesday, 22. May 2013

Nike lets at Manchester Fort

Henderson Global Investors, on behalf of its c. £1.07 billion UK Retail Warehouse Fund, has signed Nike at Manchester Fort Shopping Park. The sports retailer has taken a new 10 year lease on the former 7,300 sq ft Peacocks unit with... more...
Wednesday, 22. May 2013
Legal & General Property, Chris Hunt, Senior Asset Manager - Photo: Legal & General Property, Chris Hunt, Senior Asset Manager

LGP hires Cushman & Wakefield’s Chris Hunt

Legal & General Property has appointed Chris Hunt as a Senior Asset Manager to support its £800 million Property Unit Trust, further enhancing its in-house asset management team. more...
Tuesday, 21. May 2013

Cushman & Wakefield appoints Jack Simmons and James Chell from JLL

Cushman & Wakefield has boosted its residential team in London with two new hires: Jack Simmons and James Chell who join the firm from JLL. more...
Tuesday, 21. May 2013

Brookshire Capital secures brace of industrial assets

Brookshire Capital has recently purchased of two single let industrial properties from the Co-op. more...
Tuesday, 21. May 2013

Henderson launches US student housing fund

Henderson Global Investors is engaging with investors on the launch of a US Student Housing Fund. The business has announced plans for a new institutional investment opportunity targeting the US student housing market. The Henderson... more...
Tuesday, 21. May 2013

LGP acquires £70m Marston’s portfolio

Legal & General Property has completed a sale and leaseback purchase of a portfolio of 27 Marston’s pubs for a total consideration of just under £70 million. more...
Tuesday, 21. May 2013

AA Projects relocates to Birmingham Business Park

Goodman has secured a 2,725 sq ft lease with management and property consultancy, AA Projects, at its Birmingham Business Park on a 10 year lease. The owner will welcome AA Projects to 6270 Bishops Court in May. GVA and Strutt & Parker... more...
Tuesday, 21. May 2013

CBRE GI sells Iceni Centre in Warwick for £8.92m

CBRE (UK) Property Fund has sold the Iceni Centre, Warwick, to Praxis (Holding) Ltd for £8.92m. The Iceni Centre is situated on the established Warwick Technology Park, and is a prominent office headquarters totalling 75,270 sq ft... more...
Tuesday, 21. May 2013

London investors shift their focus to assets in the shadow of the Shard

Offices in the growing London Southbank market delivered the second highest total returns in London in 2012, at 9.6%, second only to the West End at 10.6%, according to the latest IPD/Farebrother London Southbank Investment Market Report. more...
Tuesday, 21. May 2013